SINGAPORE, Nov. 24, 2020 (GLOBE NEWSWIRE) — Swapping cryptos on an exchange can be incredibly inefficient, as no exchange has all the coins in one fold. VaultSwap, a project by Jason Wright, who is also the CEO of zenomatrix.net, intends to proffer a solution to this problem. It has several high-paying investment schemes that reward
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During the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin has gained 123% as well. At the
XRP has surprisingly been one of the best performing altcoins throughout the past few days, far surpassing the gains seen by Ethereum over the past month and even outperforming Bitcoin’s gains seen over the past week or two. This comes following a prolonged bout of sideways trading that persisted for over a multi-year period. The
Bitcoin price is trading well above $19,000 and it is the last stop before reaching $20,000 and setting a new all-time high. With no further resistance above the former peak, will the cryptocurrency go fully parabolic and enter price discovery mode starting today? Or will a long-overdue correction unfold with the vast majority of investors
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because it is the sole issuer of euro-denominated central bank
Opinion Ed-Cryptocurrency: Coming Soon To A Financial Institution Near You? – E-Crypto News Home Latest News Opinion Ed-Cryptocurrency: Coming Soon to a Financial Institution Near You?
Ripple Labs’ native cryptocurrency XRP experienced a brutal sell-off on Monday after its price rallied to a multi-year high. The XRP/USD exchange rate reached $0.79 for the first time since April 2018, after rising four weeks in a row by almost 230 percent. Nevertheless, the pair failed to attract fresh upside bids near its latest
In a surprising turn of events, Ripple’s XRP is up 140% this week, making it the biggest top ten gainer of the past seven days. There’s no denying that XRP is a divisive token that draws criticism on multiple fronts. Recent blasts include the uncertainty bought about by the SEC’s indecision over XRP as a
Facebook’s proposal for its digital currency, Libra, was a wake-up call for international regulatory agencies, finance ministries and central bankers. All these actors recognized that the company’s reach across its three platforms had the potential to accelerate adoption of a global stablecoin to an unprecedented extent. In a new paper from the Bank of International
Bitcoin rose above $19,000 on Tuesday after Donald Trump said his administration would assist President-elect Joe Biden’s transition to the White House, easing investors’ concerns about a prolonged period of election uncertainty. The BTC/USD exchange rate rose 3.89 percent to a new year-to-date high of $19,100, pointing to an extended upside move towards its previously
Ethereum has enjoyed a massive rally over the past two days despite some weakness on the part of Bitcoin. The leading cryptocurrency has rocketed from the $500 region to highs near $600 as of this article’s writing. ETH currently trades at $590, dropping slightly as Bitcoin shows some weakness after an impressive 70% rally. Ethereum
Stellar (XLM) surged over 70% in the past three sessions and it broke the $0.1800 resistance against the US Dollar. XLM price is likely to continue higher towards $0.2000 or $0.2200. There was a sharp upward move above the $0.1500 resistance against the US dollar. The price cleared many hurdles near $0.1650 and settled well
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance quite rapidly. While a few analysts believe the
It appears we’re in the part of the crypto bull run where prices diverge dramatically on top exchanges. XRP has seen intense price volatility over the past 24 hours as the coin traded as high as $0.92 on Coinbase, which meant that the altcoin-focused rally will continue as Bitcoin continues to consolidate at its highest
PRESS RELEASE. To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow users to send and receive money from other countries without incurring the high fees charged by most traditional banks. Remitano
Ethereum is trading nicely above the $600 resistance against the US Dollar. ETH price seems to be preparing for more gains above the $625 and USD $630 levels. Ethereum settled nicely above the $600 level, with a positive angle. The price traded as high as $621 and it settled well above the 100 hourly simple
Bitcoin price failed again to clear the $18,800 resistance against the US Dollar. BTC is trading in a range and it could correct lower sharply if there is a break below $18,200. Bitcoin is still trading well below the key resistance area near the $18,700 and $18,800 levels. The price is now below $18,500 and
Monero (XMR) has been one of the main privacy technologies in the crypto space for many years now. Unlike what many think, Bitcoin is actually easy to track if a user connects their account to an exchange. But even Monero may be susceptible to tracing, according to a recent press release from CipherTrace. Related Reading:
Cryptocurrency intelligence firm Ciphertrace has filed two patent applications for tools and systems to trace monero transactions. The company aims to enable the detection of criminal uses of privacy coins like monero. Monero Tracing Patents Blockchain analytics and cryptocurrency intelligence firm Ciphertrace announced Friday that it has filed two monero tracing patents. One patent is
XRP has surprisingly been one of the best performing major altcoins throughout the past few days, seeing parabolic gains as bulls take full control of its price action. Its rally shows few signs of slowing down either, with bulls setting their sights on the cryptocurrency seeing even further upside as it plows past multiple key
Bitcoin price broke above its 2019 high, and after that, took off another $5,000. The reason why the level was so critical to confirming a reversal back into a bull market, was due to the resistance residing at the golden ratio – based on the Fibonacci sequence. Today, to celebrate both Fibonacci Day and Bitcoin’s
XRP has been one of the best-performing cryptocurrencies over the past day. After lying dormant for much of the past few months, the cryptocurrency has gained over 50% over the past few days, rallying from the $0.34 range to $0.51 as of this article’s writing. The coin right now, there are many that think it
While digital currency markets have increased significantly in value a number of crypto asset proponents are wondering how far the next bull run will take them. For instance, the last three bitcoin bull runs saw different price spikes and significant drops below 80% as well. If the next bitcoin bull run follows a similar pattern,
PRESS RELEASE. Singapore, November 23, 2020 — MCS (MyCoinStory), a fast-growing cryptocurrency derivatives exchange headquartered in Singapore, announced on November 23 that it has officially launched a market maker program. As a latecomer to the industry, MCS claimed that it has prepared unprecedented benefits, in comparison with other exchanges, for its market maker program. As
Bitcoin’s price has been caught within a bout of range-bound trading throughout the past few days, with the support at $18,000 and resistance at $19,000, leading to the formation of a new and intense trading range. Its trend of trading sideways has greatly favored
Until recently, the use of blockchain in elections was perceived as nothing more than an experiment. However, during the recent United States presidential election, some tried to turn the public’s perception of the possibilities of blockchain technology. For example, the Associated Press, one of the largest U.S. media outlets, published the election results on the
Bitcoin price is nearly trading at its former all-time high, and at a price point that feels unreachable for many to own a full altcoin season ever. Is this incredible burst of wealth generation about to strike for a second time? Ethereum, XRP, And Litecoin: Major Altcoins Explode As BTC Dominance And The Dollar Fall
The chairman of the U.S. Securities and Exchange Commission (SEC) has explained how the U.S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies of the current payment system. How Bitcoin Is Regulated in the US SEC Chairman Jay Clayton explained how the U.S.
XRP Price Experienced Parabolic Explosion With Further Upside Expected – E-Crypto News Home Altcoin News XRP Price Experienced Parabolic Explosion With Further Upside Expected
Ethereum has been struggling to break above $600 throughout the day, with the selling pressure proving significant. Each break above this level has caused it to see inflows of selling pressure that have slowed its growth and caused it to see slight rejections at this level. It is important to note that bulls are still
